Here's Why Investors Should Retain Ryder Stock Right Now
Ryder(R) ZACKS·2024-11-27 23:40
Ryder’s (R) top line is bolstered by its recent acquisitions of Cardinal and IFS, boosting the company’s performance. The shareholder-friendly approach is encouraging. However, R is grappling with weak liquidity and escalated operating expenses.Factors Favoring RRyder's long-standing commitment to sustainability through initiatives like fleet upgrades, reducing truck idling, and improving route efficiency is commendable. A SmartWay partner since 2006, Ryder has earned the Excellence Award six times, demonst ...